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AIIV EURJPY Active Index Inflection Values EURJPY

AIIV EURJPY - Active Index Inflection Values EURJPY

The Indicator Displays:

  1. The intensity and the direction of the movement of EUR.
  2. The intensity and the direction of the movement of JPY.
  3. The inflection value of EURJPY.

This indicator allows determining a state of inflection on the market with a delay of one-two candlesticks and a 60% precision (precision depends on the chart timeframe - the higher the timeframe, the more precise is the forecast).

AIIV is a series of indicators of inflection values that covers all popular currency pairs. You can find all the indicators in my products. They include two free versions AIIV USD and AIIV EUR as well as paid version for most popular pairs: AIIV EURUSDAIIV GBPUSDAIIV USDJPY, AIIV AUDUSD, AIIV USDCHF, AIIV USDCAD, etc.

  • The indicator works correctly on condition that the data for the following instruments is available: EURJPY, USDJPY, CHFJPY, GBPJPY, CADJPY, AUDJPY, NZDJPY, EURUSD, EURCHF, EURGBP, EURAUD, EURNZD, EURCAD.
  • The indicator redraws with every tick. There may be a lag of drawing for one-three ticks at the beginning of operation (considering the presence of data for the currency pairs).

The indicator draws two lines and one histogram. On default, the green line displays the direction and intensity of the movement of JPY, and the red line - EUR. The histogram shows the total movement of the whole pair. If it starts to fall or grow, then the pair changes the direction of movement.

Indicator Parameters:

  • Level passivity 1 - the first level of passivity of drawing (usually it is less than or equal to Level passivity 2).
  • Level passivity 2 - the second level of passivity of drawing (usually it is greater than or equal to Level passivity 1).
  • Minimum data to draw - the minimum amount of data by pairs for drawing.
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